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Airline Profits to Drop in 2012: IATA CEO

Sun 10 Jun 12 | 10:12 PM ET
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Airline Profits to Drop in 2012: IATA CEO

Sun 10 Jun 12 | 10:12 PM ET
Tony Tyler, Director General & CEO, IATA, predicts a $3 billion profit this year for the global airline industry, which he says is still relatively low. The worsening euro zone crisis will result in a further fall in profits for the industry.
 
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